I'm grateful and humbled to be among the recipients of this great scholarship. This award has made it possible for me to be one step closer to achieving my dreams and I am thankful for the opportunity.

Numiopre “Pamela” Roberts, School of Social Work, 2017-18 recipient of the Southern Management Corporation Scholarship

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Endowment Investments

The University of Maryland Baltimore Foundation, Inc. (UMBF) pools its endowment funds with other institutions in the University System of Maryland. UMBF contracts with the University System of Maryland Foundation, Inc. (USMF) for investment services, and these services are managed by an investment committee.

The investment objective is to generate returns sufficient to meet spending requirements while preserving the purchasing power of the endowment over time. The endowment pool is made up of several thousand individual endowment funds that support scholarship, research, faculty, academic programs, and various special initiatives.

The Investment Committee, made up of volunteers from a wide range of financial and investment backgrounds, is responsible for the oversight of the endowment portfolio. The primary role of the Investment Committee is to establish investment objectives and set asset allocations.

The endowment portfolio is highly diversified and managed by these dedicated committee members who set the policy and goals and determine the mix of investment strategies needed to preserve and enhance the endowment corpus while providing funds needed to support University programs.